Rs 903 crore allocated for bank loans to SMEs for next fiscal in Kangra of Himachal

Rs 903 crore allocated for bank loans to SMEs for next fiscal in Kangra of Himachal

New Delhi, Mar 27 (KNN)The nationalized banks will distribute a sum of Rs 2,389 crore in the form of loans to Kangra district of Himachal Pradesh in 2014-15, out of which Rs 903 crore has been allocated for the small scale industries.

According to the Chief Lead Bank District Manager, around Rs 2,100 crore shall be distributed to the primary sector, while Rs 289 crore to the other sectors.

In primary sector Rs 763 crore has been allocated for agriculture loans and Rs 903 crore for small scale industries, reports media.

For house and education loans in the district, Rs 434 crore has been allocated.